News by M

Al-Salam REIT is currently assessing a mixed asset (commercial and retail) for acquisition, which could lift its total investment property value above the RM1 billion mark.

In FY15, Ho Hup’s net profit gained 8.15% to RM71.11 million, mainly due to the turnaround of its concrete mix division.

The most expensive project was Indera Subang at an average price per unit of RM729,000.

USJ’s strong performance in the 12 months to 1Q2015 was buoyed by transactions at Main Place Residence USJ21.

S P Setia's Setia EcoTempler project is coming up in Rawang. A major attraction is the developer's efforts to maintain the existing flora and fauna, creeks and lakes. This will be The Legend of the Nine Creeks. 

Located to the east of Bali is the less famous Indonesian island of Lombok. The 4,725 sq km island boasts pristine beaches and is known as a great surfing spot. Apart from white sandy beaches, it has mountains, forests and waterfalls as well as great hiking trails.

Average prices have grown modestly across the market, buoyed by the flurry of development activity in the vicinity. The highest relative price growth can be found at Laman Baiduri, with the average price up 29.3% y-o-y to reach RM656 in the 12 months to 1Q2015.

The Penang government’s management of its bumiputera housing quota has been found to be below par by the Auditor-General's Report 2015, Series 1, Bernama reported today.    

In end-2014, Kelantan, Terengganu, Pahang, Perak and Sabah were hit by huge floods that displaced hundreds of families and caused significant economic hardship.

The property market in Subang Jaya falls primarily within the mid- to high-end segment. In the 12 months to 1Q2015, 35.9% of the secondary non-landed residential transactions were within the RM601 – RM800 psf range. Another 29.3% fell within the RM401 – RM600 psf range.